
India's economic development shows parallels with China's past reforms, including infrastructure and industrial policies, but faces challenges like import dependencies and low private investment. While India maintains strong growth supported by government spending, controlled deficits, and policy reforms, concerns persist over reliance on imports in agriculture and limited private sector capital inflows. China's export-driven model and trade surplus contrast with India's approach amid global uncertainties, highlighting differing paths and structural issues in both economies.
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